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Compare MQEG vs. TECH
Compare shares and ETFs on the ASX that you can trade on Pearler.
Overview
When it comes to investing in the Australian stock market, Exchange-Traded Funds (ETFs) are a popular choice. Two well-known options in the Australian Securities Exchange (ASX) are the Macquarie Core Global Equity Active ETF (MQEG) and the Global X Morningstar Global Technology ETF (TECH). In this comparison, we'll delve into these ETFs across various dimensions to help you make an informed investment decision.
Community Stats
MQEG | TECH | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 15 | 208 |
Median incremental investment | $2,018.89 | $724.18 |
Median investment frequency | Monthly | Monthly |
Median total investment | $4,132.50 | $2,086.53 |
Average age group | > 35 | > 35 |
Key Summary
MQEG | TECH | |
|---|---|---|
Strategy | MQEG.AX was created on 2024-05-13 by Macquarie. The fund's investment portfolio concentrates primarily on total market equity. The Fund provides exposure to a diversified portfolio of Global equities through securities listed, or expected to be listed, on global developed market exchanges | The Global X Morningstar Global Technology ETF (TECH: ASX) seeks to track the performance of the Morningstar Developed Markets Technology Moat Focus Index before considering any fees, expenses, or taxes. |
Top 3 holdings | NVIDIA Corp (5.34 %) Apple Inc (4.93 %) Microsoft Corp (3.46 %) | Arista Networks Inc (4.20 %) Microsoft Corp (3.97 %) Amphenol Corp Class A (3.89 %) |
Top 3 industries | Information Technology (61.55 %) Communication Services (15.64 %) Consumer Discretionary (15.16 %) | Information Technology (79.96 %) Financials (10.64 %) Industrials (9.70 %) |
Top 3 countries | United States (72.82 %) Japan (5.01 %) United Kingdom of Great Britain and Northern Ireland (3.92 %) | United States (62.10 %) Netherlands (9.59 %) Germany (6.87 %) |
Management fee | 0.08 % | 0.45 % |
Key Summary
MQEG | TECH | |
|---|---|---|
Issuer | Macquarie | Global X |
Tracking index | MSCI World ex-Australia ex-Tobacco Net Dividends Reinvested Index - AUD - Benchmark TR Net | Morningstar Developed Markets Technology Moat Focus Index - USD |
Asset class | ETF | ETF |
Management fee | 0.08 % | 0.45 % |
Price | $14.29 | $120.35 |
Size | N/A | $342.910 million |
10Y return | N/A | N/A |
Annual distribution yield (5Y) | 0.82 % | 4.53 % |
Market | ASX | ASX |
First listed date | 14/05/2024 | 11/04/2017 |
Purchase fee | $6.50 | $6.50 |
Community Stats
MQEG | TECH | |
|---|---|---|
Popularity | Low | Low |
Pearlers invested | 15 | 208 |
Median incremental investment | $2,018.89 | $724.18 |
Median investment frequency | Monthly | Monthly |
Median total investment | $4,132.50 | $2,086.53 |
Average age group | > 35 | > 35 |
Pros and Cons
MQEG | TECH | |
|---|---|---|
Pros |
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Cons |
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MQEG | TECH |
|---|---|
Higher exposure to AU market | Lower exposure to AU market |
Higher exposure to US market | Lower exposure to US market |
Lower management fee | Higher management fee |
Lower price growth | Higher price growth |
Lower distribution yield | Higher distribution yield |